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India-UAE Strengthen Ties at 4th Strategic Dialogue in DelhiISLAMABAD : Minister for Planning, Development and Special Initiatives (PD&SI)/Deputy Chairman Planning Commission Professor Ahsan Iqbal chaired a meeting of the Central Development Working Party (CDWP) that approved 15 development projects worth Rs422.704 billion. “Out of these, six projects worth Rs 17.95 billion have been approved by the CDWP forum, while it recommended nine projects worth Rs 404.754 billion to the Executive Committee of the National Economic Council (ECNEC) for its consideration,” a news release said on Sunday. The meeting was attended by Secretary Planning Awais Manzur Sumra, Joint Chief Economist (Ops), Members of the Planning Commission, as well as respective federal secretaries, representatives from federal ministries and provincial governments. The meeting took up projects related to Health, Agriculture, Environment, Manpower, Governance, Water Resources, Transport & Communication, and Science & Technology sectors. The CDWP referred a project titled “Economic Transformation Initiative, Gilgit-Baltistan Planning and Development Department, GoGB (Revised)”, worth Rs 26,763.880 million, to ECNEC for further consideration. Proposed to be financed through foreign funding, its primary objective is to increase agriculture incomes and employment for at least 100,000 rural households. The initiative focuses on developing 50,000 acres of irrigated land, constructing 400 km of farm-to-market roads, and enhancing the value chain of apricots and potatoes, with scope for more products after a mid-term review. The programme encompasses the entire Gilgit-Baltistan region. The forum recommended another project “ Sindh Coastal Resilience Project (SCRP)”, worth Rs 45,792.325 million, to ECNEC aimed at building climate resilience, improving livelihoods, and reducing poverty in Sindh’s coastal districts: Badin, Sujawal, and Thatta. It focuses on promoting inclusive livelihoods through Climate-smart agriculture and fisheries to enhance productivity and integrate smallholder farmers and fisherfolk into value chains. Besides improving assets and employment opportunities for disadvantaged groups, including youth, women, and the landless; and ensuring community participation for sustainable outcomes. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );

President Donald Trump meets with Prime Minister Justin Trudeau of Canada at Winfield House in London, on Dec. 3, 2019. Al Drago/The New York Times News Service Giles Gherson is president and chief executive of the Toronto Region Board of Trade. As the incoming U.S. administration seeks to reorder the international economic landscape, Canada didn’t expect to be first in line for the firing squad. But Monday night, a shot was fired, and it wasn’t a warning. U.S. president-elect Donald Trump announced he will impose a 25-per-cent tariff on all products coming into the United States from Canada and Mexico. There’s a lesson here for Canada and it’s going to be a painful one. For too long we’ve been complacent on all manner of policy, depending too much on our relationship with the U.S. And our friends, allies and foes have taken note. The U.S. has been sending signals for some time. President Trump’s first term, during which he tore up the North American Free Trade Agreement, was a warning for what was to come. President Joe Biden’s Inflation Reduction Act, which threatened to siphon away investment from Canada, demonstrated an eagerness to play hardball. We need to get our act together. With this latest move, Mr. Trump is taking advantage of our lax policies on the border, immigration, our economy and productivity. As with anything Mr. Trump says, it’s important to consider the facts and the context. First the facts. For decades, NAFTA and now the Canada-United States-Mexico Agreement have been a win-win for Canada and the U.S. Total trilateral trade between Canada, the U.S. and Mexico hit $1.93-trillion in 2023. This partnership, under CUSMA, supported 17 million jobs in 2022 – a 32 per cent jump since 2020. Canada is the top export market for more than half of all U.S. states. U.S. trade with Canada is valued at more than $950-billion annually — that’s almost $2-million a minute moving across our border. As Deputy Prime Minister Freeland said: “Today, Canada buys more from the United States than China, Japan, France and the U.K. combined.” The automotive sector exemplifies our shared prosperity. Ontario and Michigan alone generate 22 per cent of North America’s auto output. Parts cross the border up to eight times before a car rolls off the line. Now the context. Mr. Trump’s rhetoric has changed over the past eight years, as made clear in Monday’s statement: “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” and “Both Mexico and Canada have the absolute right and power to easily solve this long-simmering problem,” Mr. Trump said in a post on Truth Social. In his first presidency, Mr. Trump touted the unfairness of NAFTA, calling it a disaster for U.S. manufacturing, and he railed against trade deficits. His first-term efforts aimed to rebalance the economic playing field – at least as he saw it. Now, he’s holding Canada and Mexico’s economic interests hostage this time to further his commitment to address a suite of social and immigration challenges. What should Canada do? First, where appropriate, we need to take Mr. Trump’s concerns seriously. Not only because of the precarious economic position he is placing us in, but also because our own national security and long-term prosperity need attention. A few months ago, Royal Bank of Canada chief executive officer Dave McKay remarked that senior people in the U.S. believe we are unserious about dealing with the issues facing our two countries. He stressed that we must realign our thinking and focus on our largest trading partner’s priorities. That means expediting our energy and natural resources projects (such as critical minerals), greater spending to defend the Arctic and the Canada-U.S. border, and better co-ordination with our partners on multinational policies to avoid challenges such as the one Canada currently faces with our digital services tax. Second, our Team Canada approach can’t wait until January. We must connect with friends and allies of Mr. Trump today and do so with a united front aligned on a central message: Canada is a serious partner focused on addressing Mr. Trump’s concerns. Third, while some countries can absorb these tariffs – China and Mexico for example – due to their low cost structures, Canada is a high-cost jurisdiction that will struggle to compete. Investments in productivity-enhancing technology and machinery are essential, and we’re far behind right now. Businesses need to address this immediately and urgently, potentially with broad-based support from governments. We haven’t been good at making tough decisions in the past, but we’re going to need to make them now. The clock is ticking.

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